Moree has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.22% to date .
Over the longer term, Moree has seen property prices show investors a -4.35% return over the last 3 years. This is an improvement over the last 12 months
At number 48th of NSW’s most discounted properties, Moree is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Moree, 2400’s gross rental yield is 7.09%
Property value increases in Moree have tracked just higher than the NSW average of 6.22% over the last 12 months.
Using the current median advertised rental of $245 and the average annual increase in value of a median property of -12.77%, investors should hope to achieve an overall return of 7.96%